# Monetary policy under uncertainty

> ECB Executive Board member Philip Lane gave a speech at the Bank of England Watchers' Conference in London on November 25, 2024. He explained how the ECB incorporates uncertainty into its forecasting, decision preparation and communication. The speech cited pandemic, Russia-Ukraine, technological and green transition uncertainties.

- Date: 2024-12-01 · published 2024-12-01T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/27626-monetary-policy-under-uncertainty
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

The speech describes the ECB's policy framework and does not announce a new decision, so it has little immediate effect on feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-07-25 | [Monetary policy decisions](https://feedsoft.ai/events/58309-monetary-policy-decisions.md) | -0.1% | -0.4% |
| EURUSD | 2019-03-07 | [Monetary policy decisions](https://feedsoft.ai/events/60310-monetary-policy-decisions.md) | -0.1% | -0.7% |
| EURUSD | 2017-01-19 | [Monetary policy decisions](https://feedsoft.ai/events/73190-monetary-policy-decisions.md) | -0.1% | -0.2% |
| EURUSD | 2018-04-26 | [Monetary policy decisions](https://feedsoft.ai/events/65722-monetary-policy-decisions.md) | -1.7% | -4.0% |
| EURUSD | 2017-07-20 | [Monetary policy decisions](https://feedsoft.ai/events/70184-monetary-policy-decisions.md) | +1.0% | +1.6% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp241125~df4c5a69c7.en.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.